Gold Rate Today, August 19: Check 18, 22 and 24 carat gold prices in Chennai, Mumbai, Delhi, Kolkata and other cities
On August 19, 2026, the price of gold in India was reported at Rs 15,497 per gram for 24 carat, Rs 14,205 per gram for 22 carat, and Rs 11,623 per gram for 18 carat gold. These rates, as provided by Good Returns, represent a decrease of Rs 92, Rs 85, and Rs 69 respectively, compared to the prices from August 18, 2026.
Despite a temporary dip in gold and silver prices due to international panic, geopolitical tensions in the Middle East continue to drive fluctuations in precious metal markets. The U.S. remains actively engaged in naval blockades and has removed naval mines in the Strait of Hormuz, while Iran's Foreign Minister expressed dissatisfaction with Washington's stance.
Russian defense sources suggest that Israel is exacerbating regional tensions to provoke direct involvement from the U.S. and NATO. Despite a 60-day ceasefire between the U.S. and Iran, missile attacks and maritime threats have led to its collapse. As a result, investors are drawing more attention to gold as a safe-haven asset amidst ongoing global instability.
Written by urgent.news from The Indian Express - India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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